Felix Schoeller enters into jv in India, acquires US-based Alameda

BRUSSELS, Dec. 6, 2018 (PPI Europe) -Germany’s Felix Schoeller Group keeps growing abroad. Following the acquisition of the US-based Alameda company in October, it entered into a newly formed joint venture (jv) with the owners of New (India) Imaging Industries in India in November.

According to Felix Schoeller, the jv will operate under the name Felix Schoeller India, while the legal entity will be called Schoeller India Industries. The group added that it plans to increase and further develop the existing sales and marketing efforts and to invest in a new converting plant in Mumbai.